Crypto Lawyer: Don’t Get (Too) Hyped About VanEck’s Bitcoin ETF4.6

Over the past few weeks, many in the crypto industry have begun to expect a Bitcoin exchange-traded fund (ETF). Don’t ask us why, but in a hive mind-esque fashion, hundreds on Twitter have begun to call for the regulatory approval of such a vehicle, which has the potential to catapult the space to new heights.

One lawyer, who specializes in cryptocurrency and blockchain, however, is telling us not to get our hopes up. Jake Chervinsky, as the lawyer formerly of Kobre & Kim is known, broke down his thoughts on the matter in a 17-part Twitter thread, which covered the complexities and nuances of this pertinent topic.

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